XU XIAOPING

I have three criteria for investment: the team, the market, and the product. But the most important is the team.

Ideas are cheap. Execution is everything.

I do not invest in projects, I invest in people. The person is always more important than the business plan.

My job as an angel investor is not just to provide money, but also to provide advice, resources, and emotional support.

I am not afraid of my portfolio companies failing. I am more afraid of them not trying something ambitious.